Financial Performance - The company's operating revenue for Q1 2022 was ¥45,922,921.63, a decrease of 74.07% compared to ¥177,078,210.18 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥4,034,236.11, representing a decline of 115.01% from a profit of ¥26,884,345.15 in Q1 2021[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥4,369,798.03, down 116.82% from ¥25,982,699.56 in the previous year[4] - The basic and diluted earnings per share were both -¥0.03, a decrease of 111.11% compared to ¥0.27 in Q1 2021[4] - The company reported a net loss of CNY 5,553,263.82 for Q1 2022, compared to a profit of CNY 34,599,119.85 in Q1 2021[18] - The total profit for Q1 2022 was -4,155,251.00 CNY, compared to a profit of 34,193,739.73 CNY in the same period last year[19] Cash Flow and Assets - The net cash flow from operating activities increased by 155.43% to ¥32,589,779.20, compared to -¥58,796,710.08 in the same period last year[4] - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 566,292,277.76, an increase of 4.3% from CNY 541,685,291.56 at the beginning of the year[14] - The cash flow from operating activities for Q1 2022 was 32,589,779.20 CNY, a turnaround from -58,796,710.08 CNY in the previous year[23] - The total cash inflow from financing activities was 85,000,000.00 CNY, while the cash outflow was 42,885,505.56 CNY, resulting in a net cash flow of 42,114,494.44 CNY from financing activities[23] - The company experienced a decrease in cash flow from investing activities, with a net cash outflow of -88,461,983.25 CNY compared to a net inflow of 93,699,534.31 CNY in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,471,927,187.17, an increase of 0.62% from ¥1,462,922,449.30 at the end of the previous year[4] - The company’s total assets at the end of Q1 2022 were CNY 1,471,927,187.17, up from CNY 1,462,922,449.30 at the beginning of the year[15] - The company’s total liabilities increased to CNY 222,879,437.34 from CNY 177,500,400.99, reflecting a rise of 25.6%[16] - Shareholders' equity attributable to the parent company decreased by 0.38% to ¥1,249,047,749.83 from ¥1,253,779,121.42 at the end of the previous year[4] Operational Factors - The decline in revenue and profit was attributed to factors such as changes in industrial policy affecting LNG heavy truck demand and the impact of the COVID-19 pandemic[7] - The company received government subsidies amounting to ¥390,000, which are closely related to its normal business operations[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,983[9] Strategic Initiatives - The company plans to expand its market presence through strategic investments and partnerships, including acquiring a 49% stake in a new energy vehicle parts manufacturer[13] - The company has received a high-tech enterprise certificate, indicating its commitment to innovation and technology development[13] Other Income and Audit - The company reported other income of 4,778.73 CNY in Q1 2022, down from 128,136.36 CNY in the previous year[19] - The company has not undergone an audit for the Q1 2022 report[25]
致远新能(300985) - 2022 Q1 - 季度财报